Porsche Relies on Currency Hedging Rather Than Price Increases in Order

question 48

Multiple Choice

Porsche relies on currency hedging rather than price increases in order to:

• A)boost pretax profits on sales of its automobiles.
• B)balance the relative value of the dollar compared to the euro.
• C)protect all earnings from foreign-exchange movements.
• D)generate about 45% of its sales in the United States.
• E)A, B, and C

---

Definitions:

Accumulating

The process of gathering or amassing objects, facts, or information over a period of time.

Autonomy

The ability or right of individuals to make their own choices and decisions.

Attention

Concentrating one's mental faculties on a single aspect of the environment, while sidelining other details.

Electronic Message Alerts

Notifications generated by electronic devices to inform the user of incoming messages or information.